ComCom delays decision on TelstraClear sale
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The Commerce Commission has for the second time delayed its ruling on whether to allow Vodafone to buy TelstraClear.
A decision on whether to allow the sale had been due to be announced today, however it has now been pushed back a week to October 30.
In July Vodafone announced its intention to buy TelstraClear from telco Telstra for $840 million. The Commerce Commission was originally to have ruled on whether to allow the decision on September 7.
Posted by Anonymous at 8:43:33 on October 25, 2012
Posted by Anonymous at 14:18:54 on October 23, 2012
Rural NZ has been saddled with 5 megs peak for RBI with a monopoly bid with our two favourite trust worthy providers. Why on earth would anyone expect anything else other than profit maximisation?
Posted by more too this at 13:09:32 on October 23, 2012
Or will this added competition to the market no longer require Telecom and Chorus to be separated ?
Posted by TelcoBrat at 10:39:42 on October 23, 2012